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CheckMark Releases New 1099 Compliance Solution - CheckMark.com - CheckMark Software has released new Forms 1099 Software in anticipation of new rules for Form 1099-MISC, effective December 31, 2011
CheckMark Releases New 1099 Compliance Solution - CheckMark.com

 

NewswireToday - /newswire/ - Fort Collins, CO, United States, 2010/11/17 - CheckMark Software has released new Forms 1099 Software in anticipation of new rules for Form 1099-MISC, effective December 31, 2011.

   
 
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A little known provision of the new healthcare bill enacted new rules for the Form 1099-MISC effective for payments made after December 31, 2011. In anticipation of the new provision, CheckMark has recently released their new Forms 1099 Software, an easy-to-use solution for printing and e-filing 1099s and 1096s. It covers all the common 1099s and will print and e-file with the IRS.

The new rules regarding Form 1099-MISC require that anyone engaged in a trade or business must report payments if the total was $600 or more in the current tax year. The payments include for goods, services, payments to corporations, and dividends. The payer is also required to provide the recipient with an annual statement.

CheckMark's new Forms 1099 Software prints and e-files 1099s and 1096s. It is a professional-level program and with appeal to accountants, CPAs, and small businesses. While similar 1099 solutions sell for $199 and more, CheckMark has launched the product at an introductory price of $49 for a limited time. Event at that low price, Forms 1099 runs unlimited recipients and unlimited companies.

For ease-of-use, the entry screen looks similar to a real 1099 form and allows you to preview before printing. The Forms 1099 solution is full-featured and handles all common 1099s including 1099-Misc, -Div, -Int, -R, and -S.

This software neatly combines all companies and all forms and e-files with the IRS. This works with the IRS Transmitter Control Code (TCC). The new product works with CheckMark Payroll 8.1 and imports data for employees who need a 1099. You can share data files over a local network if desired. It also includes a PDF User's Manual and tech support for the filing year.

CheckMark Software (checkmark.com) has been developing and supporting easy-to-use, affordable accounting and payroll solutions for small and medium businesses since 1984 for both Mac and PC users. CheckMark Software's most popular products are CheckMark Payroll, a fully-integrated in-house payroll software, and MultiLedger, an accounting solution. CheckMark boasts customers from over 7,000 companies throughout the United States and Canada. To find out more, please visit our website.

Contact: Terry Stone, National Marketing Director
E: tstone[.]checkmark.com / P: 970-225-0522 x129

 
 
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Written by / Agency / Source: CheckMark Software

 
 

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CheckMark Releases New 1099 Compliance Solution - CheckMark.com

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Publisher Contact: Whitney - CheckMark.com 
970-225-0522 wschultz[.]checkmark.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any CheckMark Software securities in any jurisdiction including any other companies listed or named in this release.

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